Draker Laboratories Garners $8,000,000 New Financing

  • Feed Type
  • Date
    8/23/2012
  • Company Name
    Draker Laboratories
  • Mailing Address
    431 Pine Street Burlington, VT 05401
  • Company Description
    Draker Laboratories provides high performance hardware monitoring and software-as-a-service data management systems for commercial-scale renewable energy systems including: solar photovoltaics (PV), wind, solar thermal and hybrid systems.
  • Website
    http://www.drakerlabs.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will be used to accelerate the development of the company’s integrated suite of monitoring, optimization, control and asset management products. It will also enable the company to increase its sales and marketing efforts and expand its operations globally.
  • M&A Terms
  • Venture Investor
    Austin Ventures
  • Venture Investor
    Harbor Light Capital Partners

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